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Bunkyodo Group Holdings Co Ltd (9978.T)

9978.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Bunkyodo Group Holdings lowers consolidated full-year outlook for FY 2016
Tuesday, 12 Apr 2016 02:30am EDT 

Bunkyodo Group Holdings Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 16,415 mln yen from 16,900 mln yen for the fiscal year ended Feb. 29, 2016.Sees a decrease of operating profit forecast to 14 mln yen from 50 mln yen.Sees a decrease of ordinary profit forecast to 20 mln yen from 55 mln yen.Sees a decrease of net profit forecast to 36 mln yen from 55 mln yen.Sees a decrease of earnings per share to 2.43 yen from 3.75 yen.Comments the decreased sale volume of books and magazines as the main reason for the forecast.  Full Article

Bunkyodo Group Holdings lowers consolidated full-year outlook for FY 2015
Wednesday, 14 Oct 2015 03:45am EDT 

Bunkyodo Group Holdings Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 33,335 mln yen from 33,900 mln yen for the fiscal year ended Aug. 31, 2015.Sees a decrease of operating profit forecast to a loss of 399 mln yen from 100 mln yen.Sees a decrease of ordinary profit forecast to a loss of 386 mln yen from 120 mln yen.Sees a decrease of net profit forecast to a loss of 553 mln yen from 30 mln yen.Sees a decrease of earnings per share to a loss of 40.03 yen from 1.75 yen.Comments the decreased sales in core business and extraordinary loss are the main reasons for the forecast.  Full Article

Bunkyodo Group Holdings announces result of lawsuit filed by the subsidiary
Tuesday, 6 Oct 2015 02:30am EDT 

Bunkyodo Group Holdings Co Ltd:Relieves the judgment from the Osaka High Court on Oct. 6, regarding the lawsuit filed by the subsidiary (plaintiff) against an Osaka-based company (defendant).Says the defendant was ordered to pay 54.47 mln yen and related interests (from July 26, 2014 to the paid-off date) to the plaintiff.  Full Article

Bunkyodo Group Holdings lowers consolidated full-year outlook for FY 2015
Friday, 10 Apr 2015 02:30am EDT 

Bunkyodo Group Holdings Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 16,643 million yen from 17,000 million yen for the fiscal year ending Aug. 31, 2015.Sees a decrease of mid-year operating profit forecast to a loss of 109 million yen from 45 million yen.Sees a decrease of mid-year ordinary profit forecast to a loss of 102 million yen from 50 million yen.Sees a decrease of mid-year net profit forecast to a loss of 138 million yen from 30 million yen.Sees a decrease of mid-year earnings per share to a loss of 10.10 yen from 1.94 yen.Says the company lowered the consolidated full-year outlook for revenue to 33,900 million yen from 34,500 million yen for the fiscal year ending Aug. 31, 2015.Sees a decrease of full-year operating profit forecast to 100 million yen from 110 million yen.Sees a decrease of full-year ordinary profit forecast to 120 million yen from 130 million yen.Sees a decrease of full-year net profit forecast to 30 million yen from 80 million yen.Sees a decrease of full-year earnings per share to 1.75 yen from 5.31 yen.Comments that increased costs on new stores is the main reason for the forecast.  Full Article

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BRIEF-Bunkyodo Group Holdings appoints Nakachi & Co. as new auditor

* Says it appoints Nakachi & Co. as new auditor to succeed Kainan Audit Corporation, effective Nov. 29